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Troax Group AB (OSTO:TROAX) Net Margin % : 9.45% (As of Mar. 2024)


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What is Troax Group AB Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Troax Group AB's Net Income for the three months ended in Mar. 2024 was kr76 Mil. Troax Group AB's Revenue for the three months ended in Mar. 2024 was kr802 Mil. Therefore, Troax Group AB's net margin for the quarter that ended in Mar. 2024 was 9.45%.

The historical rank and industry rank for Troax Group AB's Net Margin % or its related term are showing as below:

OSTO:TROAX' s Net Margin % Range Over the Past 10 Years
Min: 10.31   Med: 13.79   Max: 15.77
Current: 12.56


OSTO:TROAX's Net Margin % is ranked better than
81.98% of 2964 companies
in the Industrial Products industry
Industry Median: 5.215 vs OSTO:TROAX: 12.56

Troax Group AB Net Margin % Historical Data

The historical data trend for Troax Group AB's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Troax Group AB Net Margin % Chart

Troax Group AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.50 14.20 15.77 12.95 13.51

Troax Group AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.13 13.28 14.50 13.24 9.45

Competitive Comparison of Troax Group AB's Net Margin %

For the Specialty Industrial Machinery subindustry, Troax Group AB's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Troax Group AB's Net Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Troax Group AB's Net Margin % distribution charts can be found below:

* The bar in red indicates where Troax Group AB's Net Margin % falls into.



Troax Group AB Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Troax Group AB's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=399.498/2956.158
=13.51 %

Troax Group AB's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=75.821/802.349
=9.45 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Troax Group AB  (OSTO:TROAX) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Troax Group AB Net Margin % Related Terms

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Troax Group AB (OSTO:TROAX) Business Description

Traded in Other Exchanges
Address
P.O. Box 89, Hillerstorp, SWE, SE-335 04
Troax Group AB focuses on three business areas namely Property Protection; Machine Guarding and Warehouse Partitioning. It generates maximum revenue from the Machine Guarding business. The Group's net sales are divided into the following five geographical areas: The Nordic region, the UK, Continental Europe, North America, and New markets, it derives a majority of revenue from the Continental Europe region. Sales and installation mainly take place via own sales companies in Europe, the USA, and China, & via a small number of agents. Machine Guarding comprises Troax's standardised protection solutions for robot cells and automation solutions. The solutions comprise everything from individual mesh panels to complete installations of safety doors and locks equipped with circuit breakers.

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